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mrdid13 12/5/2012 | 3:28:43 AM
re: Huawei's Global Sales Hit $5.58B Hey people .... don't you think it's about time to move on and let the Huawei issue be what it is? Shouldn't we be involved in more important issues than trivial commentaries about the next iteration of a telecom mega-monopoly?

They are what they are and we aren't going to change anything commenting about how nasty we think their politics or economics happen to be.

Let's find another topic to pick apart....how about discussing video over IP or maybe something like gig E over copper....what happened to FTTP and all the companies wrapped up in that stuff? I say its time to come back down to earth....all this Huawei stuff is getting BORING!!!!!
Goeran 12/5/2012 | 3:28:42 AM
re: Huawei's Global Sales Hit $5.58B Maybe we should just calm down a little bit. ;-)
This news blog points at an article with the title "The myth behind China as a high-tech Goliath" http://china-netinvestor.blogs...
notsosure 12/5/2012 | 3:28:41 AM
re: Huawei's Global Sales Hit $5.58B >> had a chance to visit Huawei in Shenzhen China a couple months ago and I was very impressed by the facilities and the employees. These are some hard working dedicated people. It's a very different culture over there, a large percentage of the work force live right there on the Huawei campus. The labs and offices I toured were very modern and quite impressive. They do work some long hours but they seem fairly content.

Campus? You're "foreigners" office visit in Shenzhen is not representative of the real work conditions at Huawei. I visited several offices in Shenzhen and in other cities across China and there where very large difference in work conditions. To be frank, some of Huawei's "Class Z" offices were disgusting by western standards, dirty carpets, dirty walls, damaged desks, broken chairs, people working in dingy cubes... I remember once being seriously worried of dirtying my clothes because I had other meetings that day.

Same goes for ZTE.


lightbay 12/5/2012 | 3:28:39 AM
re: Huawei's Global Sales Hit $5.58B http://biz.yahoo.com/ibd/05012...

It's nice to have a red-hot economy like China's that's hitting on all cylinders. But where will it keep getting the gas to fill its tank? And will there be enough to go around?
On Tuesday, China said its GDP rose a faster-than-expected 9.5% in 2004 to a record $1.65 trillion.

China's demand for crude has grown even faster. Its oil imports hit a record 12.1 million tons in December. For 2004, they soared nearly 35% to 122.7 million tons.

China will consume 8 million barrels of oil daily by the end of 2006, the U.S. Energy Information Administration estimates.

Chinese demand has been a big factor, pushing oil prices to record levels last year.

As China guzzles crude to feed its breakneck economy, it could trigger a global shortage. China is striking deals with oil exporters around the world to secure its supply.

That could leave other nations dry. The U.S., which is the world's largest consumer of oil, would be the most affected.

"The Chinese are on an aggressive quest to increase their supply of oil all around the world; whether Iran, Sudan or Venezuela, you name it, they are after it," said James Lilley, an ambassador to China under President George H.W. Bush.

Saudi Arabia, Oman, Sudan and Yemen already supply over 39% of China's crude, according to China's Customs General Administration.

The Institute for Analysis of Global Security, a Washington think tank, predicts in 20 years China will import as much oil as the U.S., or about 10 million barrels a day.

The U.S. uses about 20 million bpd. China could top that in 2030 when it has more cars on the road.

"It's a hard issue to ignore if one contemplates a billion Chinese driving gas-hogging SUVs," said John Pike, who heads GlobalSecurity.org, a Washington-based policy research group.

The hard fact is that there's only so much oil in the world, said Anne Korin, the IAGS director of policy and strategic planning.

"Demand for oil in China is growing at a blistering rate, about 30% to 40% a year," Korin said. "Demand is coming not just from China, but also from India and the rest of the developing world. To meet that demand, there's going to have to be four to five Saudi Arabias out there. If not, there's going to be a huge crunch."

Not Enough Oil?

There aren't four more Saudi Arabia's out there, Korin said. That's why, she said, industrial nations like the U.S. will end up competing with China for shrinking supplies.

Recent reports say Chinese firms are striking long-term deals in Canada to tap North America's biggest oil reserves. Until now, Canada sent almost all its exports here.

Lilley stresses it's unclear if China will seriously challenge the U.S. for future sources of oil. "The (oil) picture is complex, and you can't make a prediction at this point."

Large oil reserves are being developed in the Caspian Sea, Siberia and South China Sea, but Korin said current data show there aren't enough to meet everyone's demand for oil later this century. New reserves could be found, but the oil might not be easy to extract.

There's also concern about how China's thirst for oil might merge with larger Chinese political aims.

China, which already sells arms to Sudan and Iran, could use these sales to push producer nations to divert more output its way.

Tension with the West also might spur Muslim oil-exporting nations to divert more oil to China. The Arab oil embargoes of the 1970s showed how politics can roil oil markets.

But the oil business has historically been ruled by a world market in which all nations participate, despite periodic political hiccups.

Pike said the issue is if China would break with this precedent if oil becomes scarce.

"The question is whether China would take the oil coming out of their concessions in Canada or elsewhere and withdraw it from the world market for their own use. Would they do that? I don't know," Pike said.

Analysts say there's hope China won't engage in an "oil race" with the U.S. Chinese energy officials said at an Asian oil conference last year that if world oil prices get too high, they'll step up efforts to generate power from nuclear plants or from agricultural waste and coal.

Bryant Tong, a managing director of Nth Power, a San Francisco-based energy-tech venture capital firm, said China is serious. Tong is part of a nonprofit, the China/U.S. Energy Efficiency Alliance, which advises Chinese officials.

"We bring in U.S. experts and advise Chinese politicians," he said. "With (U.S.) help, China can leapfrog into the 21st century and use energy efficiencies that help them lessen dependence on foreign oil."

xmz7f 12/5/2012 | 3:28:39 AM
re: Huawei's Global Sales Hit $5.58B I remember about 20 years ago Japan tried this. Bought up everything is sight, tried to take over the world. Whatever happened to those guys? Didn't they own a golf course? Yes... the Fake Japan bubble popped, then the Fake American Bubble popped, and now the Fake China bubble is inflating, on course to pop. People never seem to learn these things.
lightbay 12/5/2012 | 3:28:38 AM
re: Huawei's Global Sales Hit $5.58B
Nonetheless, William Parrett, chief executive of Deloitte Touche Tohmatsu, told the panel that Chinese companies are making significant progress in becoming global giants, led by state-owned companies.

"It's probably at least 10 years before the objective of the government of 50 of the largest 500 companies in the world being Chinese" is achieved, he said.

http://biz.yahoo.com/ap/050126...

o-man 12/5/2012 | 3:28:38 AM
re: Huawei's Global Sales Hit $5.58B xmZ7f,

Your an idiot! The American buble was started by the JDS Fitel company... From Canada, of coarse us Americans took it to the xtreme...

But some of us lucky ones made money,,, sorry for your mis fortune!
startup_shutup 12/5/2012 | 3:28:37 AM
re: Huawei's Global Sales Hit $5.58B >> I remember about 20 years ago Japan tried this. Bought up everything is sight, tried to take over the world. Whatever happened to those guys? Didn't they own a golf course? Yes... the Fake Japan bubble popped, then the Fake American Bubble popped, and now the Fake China bubble is inflating, on course to pop. People never seem to learn these things.

You seem to forget fake residential real estate
bubble that is going on now. Commercial real
estate is in touch with reality -- AVAILABLE!!
chook0 12/5/2012 | 3:28:35 AM
re: Huawei's Global Sales Hit $5.58B Hmm.

US uses 20M barrels of oil per day.
China just reached 8 Million BPD.

Therefore China might be triggering a global shortage.

Nice Spin. We should be so good in the telecoms industry.

--Chook
xmz7f 12/5/2012 | 3:28:34 AM
re: Huawei's Global Sales Hit $5.58B Residential R.E. Bubble? Who forgot about that? I'm right in the middle of it here. Can't wait to see what happens to home prices when Interest rates start to climb. Actually I sold one of my rentals last Oct, and have another one on the Market now. China is going thru a R.E. Bubble now, too. Just like US & Japan did. Of course the question is "When?" Another data point to consider is bookings of shipping containers from China. Last spring you could not book one, now its easy because bookings are way down, like 35% down from peak. But then China grew at something like 11% last year, so a downward correction would be reasonable to expect.
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